Trump: US Economy Solid Despite Fed Policies Hindering Growth
The world's economy is slowing, but the United States' isn't, despite Federal Reserve policies that have hindered growth, President Donald Trump said in an interview airing Friday.
"If we didn't have somebody that would raise interest rates and do quantitative tightening, we would have been at over 4 [percent] instead of at 3.1," Trump told Fox Business Network's Maria Bartiromo.
The Fed agreed earlier this week to keep interest rates at a target range of 2.25 percent to 2.5 percent and to hold benchmark federal funds steady. It also announced...